California BanCorp (CALB)

P/B ratio as of November 2024 : 1.06

According to California BanCorp's latest financial reports the company has a price-to-book ratio of 2.69112.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

California BanCorp - P/B ratio (from 2017 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.06	-7.98%
2022-12-31	1.15	-1.21%
2021-12-31	1.16	24.86%
2020-12-31	0.9321	-24.99%
2019-12-31	1.24	7.86%
2018-12-31	1.15	-29.81%
2017-12-31	1.64
2016-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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California BanCorp (CALB) - P/B ratio